rich & REGULAR with Kiersten and Julien Saunders

Yvette Butler, CEO and founder of Hive Wealth, discusses making finance inclusive through AI-powered planning. Topics include rise of black investors, importance of financial planning, budgeting tools, AI integration, community support in financial journeys.

If you want to know the secret to stress-free cooking at home this episode is for you! This week, we're exploring the world of kitchen technology that can help you save money, eat healthier, and make cooking at home easier and more enjoyable. We'll discuss our personal experiences with various gadgets, highlighting the benefits for both novice and experienced cooks. Key Takeaways:Cooking at home is a major opportunity for savings, but it's important to remove pain points and inefficiencies.Technology can bridge the gap between wanting to cook more and feeling overwhelmed by the process.There are options for everyone, whether you're a busy professional, a parent, or simply looking to expand your culinary skills.Featured Kitchen Tech:Anyday: This microwave cookware allows you to cook anything from scratch, using raw ingredients, directly in the microwave. It's perfect for busy individuals and families who want to eat healthy without spending hours in the kitchen.Inkbird Wireless Thermometer: This thermometer measures both the internal temperature of your food and the ambient temperature of your oven or grill, taking the guesswork out of cooking and ensuring perfectly cooked meals every time.Sous Vide: This immersion circulator cooks food gently and evenly in a water bath, resulting in incredibly tender and flavorful dishes. It's ideal for meal prepping, reheating leftovers, and experimenting with new cuts of meat.Electric Lunchbox: This portable device allows you to enjoy a hot, home-cooked meal wherever you are. It's perfect for blue-collar workers, busy professionals, and anyone who spends extended periods of time away from home.Air Fryer: This countertop appliance is essentially a mini convection oven, perfect for quickly cooking or reheating a variety of foods. It's a healthier alternative to deep frying and a great option for families with kids.Additional Resources:Investing Masterclass: Making Money Grow: Use code APRIL25 for 25% off during Financial Literacy Month!rich & REGULAR Amazon Storefront: Find curated lists of our favorite kitchen gadgets and other recommended products.Please remember to leave a 5-star rating and review to help others discover the show, and share this episode with anyone who wants to make cooking at home easier and more enjoyable. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Ken and Mary Okoroafor based out of the UK and founders of The HumblePenny.com discuss their life and new book Financial Joy. In this conversation, they share their journey of starting their blog and the importance of representation in the personal finance space. They discuss the advantages of raising their children to be investors and the importance of being aligned as a couple. They also emphasize the value of using everyday situations as teachable moments for their children. Ken shares his personal experience of leaving his high-paying job as a CFO to become a content creator and the challenges and rewards that came with it. They also discuss the unique challenges faced by black people in the UK in terms of wealth gaps and systemic racism.  They highlight the lip service and broken promises of organizations that claim to support black communities as well as their POV on the similarities and differences for Black people in the UK vs. the United States.Lastly, they share a few nuggets from their book: Financial Joy emphasizing the importance of faith as a currency in finances and the need for dreamers to have a clear purpose, objectives, strategy, and tactics [P.O.S.T] to achieve their goals. Get Ken and Mary's book, Financial Joy: Banish Debt, Grow Your Money and Unlock Financial Freedom in 10 weeks Follow Ken and Mary on YouTube, Instagram, or their website Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Author and personal finance expert Lynnette Khalfani-Cox discusses financial resilience and bouncing back from setbacks. She explores the emotional side of financial challenges, emphasizes self-compassion as a survival strategy, and shares personal stories of overcoming hardship. Lynnette also provides insights into her writing process, dealing with pressure, and setting realistic expectations. Practical tips for saving money and achieving financial resilience are highlighted from her book 'Bounce Back: The Ultimate Guide to Financial Resilience.'

To get your copy of the FREE Financial Technology Toolkit, click here and we'll send your guide directly to your email address.    To learn more, visit the rich & REGULAR blog hereTech literacy isn't a one-and-done skill. It requires continuous learning and adaptation as innovation marches on. And there are very few areas that are being transformed by technology as rapidly as personal finance and fintech.To help bridge this literacy gap, we're introducing a free Fintech Toolkit aimed at empowering you to:Track and save money more effectivelyAutomate and optimize your investingProtect yourself from the growing threat of financial fraudIn this episode, we dive into the startling lack of awareness around financial fraud. The statistics are staggering, but the invisibility of these crimes causes us to drastically underestimate the risks. Scaring people straight rarely works - we have to make protecting assets feel like a smart, rational choice.And that's where fintech comes in. Our conversation explores the lack of awareness and discussion around financial fraud, highlighting the need for more attention and education on the topic. We also address the fear of embracing fintech and provide strategies for overcoming it. At the end of the day, crime and fraud follow the path of least resistance. The financial crimes of the future will continue targeting the people and businesses still using outdated, insecure practices and staying safe requires embracing new technological tools. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

In this episode, we’re discussing how to manage a windfall, whether it's a sudden influx of money from investments, bonuses, or unexpected events. We share our personal experiences with windfalls and the importance of splurging and treating yourself to experiences. We emphasize the need to resist the urge to act quickly and instead create a wish list and categorize priorities. We also discuss the importance of waiting and considering tax implications, as well as managing expectations and right-sizing giving. This episode also explores the cognitive benefits and financial muscle developed through lump sums and highlights the power of compounding interest and its role in accelerating financial plans. We also discuss how to handle large salary bumps or side hustle success and the need for preparation and planning, whether you should seek professional help for financial advice, along with customizing financial decisions based on individual circumstancesLinks: Haley and Justin's story (@PriceofAvocadoToast)Our favorite estate planning resource Takeaways:Splurging and treating oneself to experiences can be a valuable part of managing a windfall.Resist the urge to act quickly and take time to create a wish list and categorize priorities.  Consider the tax implications of a windfall and plan accordingly.Communicate and manage expectations with others who may have expectations of your windfall.Right-size your giving and allow yourself to experience the windfall before making promises.Careful planning is necessary when handling windfall money to ensure it is used effectively and does not cause unintended consequences Lump sums can provide cognitive benefits and develop financial muscle, allowing for long-term thinking and intentional decision-making.Understanding the power of compounding interest can help accelerate financial plans and shorten the time needed to achieve financial goals.Making progress on financial goals is fulfilling and can provide a sense of freedom and security. When experiencing a large salary bump or side hustle success, it is important to have a plan for the extra income and consider seeking professional advice.Customizing financial decisions based on individual circumstances and having a clear purpose for income are key to making informed choices. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

In this episode,  we respond to an email from a woman who wanted to know when to give up on a trucking business she started with her husband. The conversation covers topics such as faith, confidence, financial planning and finding the right partners, and we provide advice on calculating the cushion needed to support the business, as well as the importance of psychological resilience in entrepreneurship. This episode explores the differences in the role credit cards play in personal and business finances, highlighting the potential risks and challenges of relying on credit cards for business funding. It emphasizes the importance of financial planning, business support systems and having a larger cushion in retirement savings. The conversation also explores finding alternative sources of income, such as side gigs that align with skills and goals. Building relationships, networking, and normalizing backup plans are discussed as essential strategies for entrepreneurial success. The episode concludes with a focus on navigating financial stress and how gender norms affect the relationship dynamic.Links: Ep 135: Hitting the Highway to Success: Could Trucking be your Profitable VentureCashing Out  Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow

Psychotherapist Katherine Morgan Schafler discusses the impact of perfectionism on relationships, money, and self-worth. They explore different types of perfectionism, its link to financial decisions, and how to break the cycle of self-punishment. Tips on setting financial goals, defining 'enough,' and balancing values and legacy are shared

Beau, the son of the hosts, shares insights on being raised with a focus on financial education. The parents discuss teaching him the value of saving and investing from a young age using video games and sports metaphors. Beau reveals his dreams of becoming a millionaire and a baseball player, emphasizing the importance of normalizing investing for kids.

In this episode, we talk about the concept of overconfidence in investing, also known as the confidence trap. We explain why confidence is important and how it can either help or hinder us in achieving our goals. We also examine the role of ego in investing and how it affects our self-image as investors and use culinary references and personal stories to make our points. We stress the difference between investing and gambling, and the need to understand and manage risk. The episode ends with some tips for making better investment decisions and seeking advice from experienced investors.TakeawaysConfidence can be a double-edged sword in investing.Ego influences how we see ourselves as investors.The relationship between work and investing can affect our risk appetite.Investing should be done with a mindset of doing less and avoiding overdoing it.Investing and gambling are not the same thing.Calculating risks and considering beta and R-squared can help us make better investment decisions.Investing should be seen as a slow and steady process, not a fun or exciting one.Seeking advice from experienced investors and learning from personal stories can give us valuable insights. Connect with Julien and Kiersten on our website, Instagram, Twitter, and YouTube.Join our email list to get updates from us, opportunities for discounts, freebies and a quick rundown on the relevant financial and career news impacting your life. Get our book Cashing Out: Win the Wealth Game by Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by ForbesIf you would like to learn more about investing, check out our newest class, Making Money Grow